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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31975. (Read 26608336 times)

newbie
Activity: 42
Merit: 0
could someone call China and tell them to stop buying? they are trying to hoard all our bitcoins!  Grin *look*>>


http://fiatleak.com/
legendary
Activity: 1792
Merit: 1047
https://forums.robertsspaceindustries.com/discussion/76256/will-cig-at-some-point-accept-bitcoins-as-payment

The hate and ignorance in this thread is so laughable. It really shows the common folk really still think of bitcoin as monopoly money. What would make these people's opinions change? Or will they be skeptics until the very end?


you call them common folk ? LMAO!!!   Cheesy

I put up a comment along with an official email reply from Cloud Imperium Games from May 7th.
hero member
Activity: 504
Merit: 500
https://forums.robertsspaceindustries.com/discussion/76256/will-cig-at-some-point-accept-bitcoins-as-payment

The hate and ignorance in this thread is so laughable. It really shows the common folk really still think of bitcoin as monopoly money. What would make these people's opinions change? Or will they be skeptics until the very end?


you call them common folk ? LMAO!!!   Cheesy

legendary
Activity: 1834
Merit: 1019
People are resistant of change and skeptical by their very nature.  Time is the only force that will convince them otherwise.

and our active efforts to grease the wheels of change
hero member
Activity: 809
Merit: 501
Always verify deals with me through my public key!
https://forums.robertsspaceindustries.com/discussion/76256/will-cig-at-some-point-accept-bitcoins-as-payment

The hate and ignorance in this thread is so laughable. It really shows the common folk really still think of bitcoin as monopoly money. What would make these people's opinions change? Or will they be skeptics until the very end?


you call them common folk ? LMAO!!!   Cheesy

Hehehe, seems we have the first evidence of the bitcoin ascendancy. Now to do something about these peasants on my lawn, Jeeves!!! Jeaves! come here! What ho!
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 238
Merit: 100
$500!!!!

looks like the chinese were later after all...

I think the impact of demand from China is overblown.  The volume in China is driven by day traders because of the 0% commission rate.  I think new U.S. investors with deep pockets are behind most of the recent price increase.

If I were given to conspiracy theories, I would think that the media was scheming to link the price of Bitcoin to made-up Chinese demand, expecting the Chinese government to outlaw Bitcoin, thus creating a big crash.
1) Any reason for your first assumption?
2) Why on earth should the Chinese government outlaw Bitcoins? It's a gift from heaven for Chinese economics. It might get like the nuclear bomb of international economics.

1.  I have no proof.  I have no secret source from China.  When I read things in the lamestrealm media, I try to read between the lines.  I try to figure out what facts they started out with before they started their garbling and slanting process.  I'm guessing that they saw reports of high volume at BTCChina and falsely concluded that this must necessarily mean there is high buying demand in China.  They probably don't know about the 0% commissions, or don't understand that it would lead to a heavy volume of speculative day trading.

The burden of proof lies on the one who asserts the positive, and I have seen nothing outside of MSM reports to suggest extraordinary demand from China.

2.  The Chinese government believes in tight capital controls and has already outlawed other non-government currencies.  The best predictor of future behavior is relevant past behavior.


you should have stopped posting after 'I have no proof' because it only makes you more clueless
newbie
Activity: 42
Merit: 0
https://forums.robertsspaceindustries.com/discussion/76256/will-cig-at-some-point-accept-bitcoins-as-payment

The hate and ignorance in this thread is so laughable. It really shows the common folk really still think of bitcoin as monopoly money. What would make these people's opinions change? Or will they be skeptics until the very end?


you call them common folk ? LMAO!!!   Cheesy
legendary
Activity: 1792
Merit: 1047
legendary
Activity: 1400
Merit: 1000
I owe my soul to the Bitcoin code...
People are resistant of change and skeptical by their very nature.  Time is the only force that will convince them otherwise.
hero member
Activity: 504
Merit: 500
https://forums.robertsspaceindustries.com/discussion/76256/will-cig-at-some-point-accept-bitcoins-as-payment

The hate and ignorance in this thread is so laughable. It really shows the common folk really still think of bitcoin as monopoly money. What would make these people's opinions change? Or will they be skeptics until the very end?
hero member
Activity: 854
Merit: 501
Bitcoinity down for me
full member
Activity: 238
Merit: 100
In Gord We Trust

Yeah, it's kind of a novelty site, but fun to watch all the same. There is a nice steady stream flowing into China and kinda of erratic spurts of BTC flowing into the US and EU. It kinda reminds me of the tortoise and the hare. I wonder who will win. Cheesy

Bitcoinity has been finicky for me all day.
newbie
Activity: 19
Merit: 0
legendary
Activity: 1484
Merit: 1002
Strange, yet attractive.
newbie
Activity: 42
Merit: 0

~nice site!~>Chinese are dumping their worthless paper!!!?= WEEEEE  Grin
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
legendary
Activity: 980
Merit: 1000
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